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Hungary expects $3B in unutilized Chinese language auto business funding

Baua Electric

Hungary is anticipating 3 billion euros ($3.3 The unspecified tasks will provide German automakers’ factories in Hungary and are available on lead of a 7.3 The unspecified tasks will provide German automakers’ factories in Hungary and are available on lead of a 7.3

Hungary 52
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Rolls-Royce developing turbogenerator technology for hybrid-electric aviation applications

Green Car Congress

The system will be an on-board power source with scalable power offerings and will complement the Rolls-Royce Electrical propulsion portfolio, enabling extended range on sustainable aviation fuels and later as it comes available through hydrogen combustion.

Hybrid 448
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BMW Vision Neue Klasse X SUV teased ahead of global debut on March 21

Baua Electric

The BMW Vision Neue Klasse X concept will make its debut on March 21 BMW has dropped the first teaser for the upcoming Vision Neue Klasse X SUV, which will make its global debut on March 21, 2024. More details on the Vision Neue Klasse X concept will be available later this week.

BMW 52
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

T&E used publicly available information to assess the 50 gigafactories announced in Europe based on their finance and permits, whether they had secured a location, and the companies’ links to the US. Battery production capacity equivalent to 18 million electric cars—1.2 TWh—is at a high or medium risk of being disrupted or lost.

Companies 430
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Roskill: surge in electrodeposited copper foil projects to meet projected EV demand

Green Car Congress

From January to May 2021, more than a dozen new projects and expansions have been reported globally, Roskill said. Iljin is investing in new plants in Malaysia and Hungary, while Solus is rolling out new capacity in Hungary and the United States (in partnership with scrap supplier Toyota Tsusho).

Malaysia 225
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BMW sticks to 50% EV target by 2030—not including hybrids, PHEVs

Baua Electric

BMW still aims for about 50% global EV sales by the end of the decade, in line with a plan the automaker rolled out in 2021 , but still isn’t ready to declare an end date for internal combustion. The 5-Series is also available with gasoline engines, and as the all-electric i5. The Neue Klasse marks yet another swerve for BMW.

BMW 52
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BMW investing €400M in new vehicle assembly at Munich plant as part of shift to electromobility; engine production being concentrated at Steyr and Hams Hall

Green Car Congress

The BMW Group is speeding up the shift towards electromobility and strengthening its global network for production of electrified vehicles. It will ramp up for the first time at our future plant in Debrecen, Hungary, before being rolled out across our global production network in stages. —Milan Nedeljkovi?.

BMW 396